Far East Consortium International Management
Management criteria checks 4/4
Far East Consortium International's CEO is David Chiu, appointed in Oct 1997, has a tenure of 26.33 years. total yearly compensation is HK$2.07M, comprised of 98.8% salary and 1.2% bonuses, including company stock and options. directly owns 53.2% of the company’s shares, worth $244.43M. The average tenure of the management team and the board of directors is 15.4 years and 11.5 years respectively.
Key information
David Chiu
Chief executive officer
HK$2.1m
Total compensation
| CEO salary percentage | 98.8% |
| CEO tenure | 26.3yrs |
| CEO ownership | 53.2% |
| Management average tenure | 15.4yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -HK$166m |
| Jun 30 2023 | n/a | n/a | HK$3m |
| Mar 31 2023 | HK$2m | HK$2m | HK$172m |
| Dec 31 2022 | n/a | n/a | HK$486m |
| Sep 30 2022 | n/a | n/a | HK$800m |
| Jun 30 2022 | n/a | n/a | HK$1b |
| Mar 31 2022 | HK$2m | HK$2m | HK$1b |
| Dec 31 2021 | n/a | n/a | HK$1b |
| Sep 30 2021 | n/a | n/a | HK$1b |
| Jun 30 2021 | n/a | n/a | HK$904m |
| Mar 31 2021 | HK$2m | HK$2m | HK$543m |
| Dec 31 2020 | n/a | n/a | HK$317m |
| Sep 30 2020 | n/a | n/a | HK$92m |
| Jun 30 2020 | n/a | n/a | HK$278m |
| Mar 31 2020 | HK$2m | HK$2m | HK$464m |
| Dec 31 2019 | n/a | n/a | HK$1b |
| Sep 30 2019 | n/a | n/a | HK$2b |
| Jun 30 2019 | n/a | n/a | HK$2b |
| Mar 31 2019 | HK$2m | HK$2m | HK$2b |
| Dec 31 2018 | n/a | n/a | HK$1b |
| Sep 30 2018 | n/a | n/a | HK$1b |
| Jun 30 2018 | n/a | n/a | HK$1b |
| Mar 31 2018 | HK$2m | HK$2m | HK$2b |
| Dec 31 2017 | n/a | n/a | HK$2b |
| Sep 30 2017 | n/a | n/a | HK$1b |
| Jun 30 2017 | n/a | n/a | HK$1b |
| Mar 31 2017 | HK$2m | HK$2m | HK$1b |
Compensation vs Market: David's total compensation ($USD264.19K) is below average for companies of similar size in the US market ($USD2.15M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Chiu (69 yo)
26.3yrs
Tenure
HK$2,065,000
Compensation
Tan Sri Dato' Tat Cheong Chiu, also known as David, B.Sc., was Non-Executive Vice Chairman at i-Cable Communications Limited since November 30, 2021 until May 3, 2023. He is also a director of Forever Top...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 26.3yrs | HK$2.07m | 53.2% HK$ 244.4m | |
| Executive Director | 24.1yrs | HK$2.51m | no data | |
| Executive Director | no data | HK$3.37m | 0.045% HK$ 206.6k | |
| MD of Far East Organization International & Executive Director | 15.4yrs | HK$12.36m | 0.48% HK$ 2.2m | |
| Joint MD & Executive Director | 4.7yrs | HK$8.85m | 0.032% HK$ 147.3k | |
| CFO & Company Secretary | 4.4yrs | no data | no data | |
| Group Chief Accountant | no data | no data | no data | |
| Human Resources & Administration Director | no data | no data | no data | |
| Senior Legal Counsel | no data | no data | no data | |
| Head of Corporate Development and M&A | no data | no data | no data | |
| General Manager of Sale & Marketing | no data | no data | no data | |
| Joint MD & Executive Director | no data | no data | 0.012% HK$ 54.2k |
15.4yrs
Average Tenure
54yo
Average Age
Experienced Management: FRTC.F's management team is seasoned and experienced (15.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.4yrs | HK$2.07m | 53.2% HK$ 244.4m | |
| Executive Director | 24.1yrs | HK$2.51m | no data | |
| Executive Director | 46.1yrs | HK$3.37m | 0.045% HK$ 206.6k | |
| MD of Far East Organization International & Executive Director | 11.5yrs | HK$12.36m | 0.48% HK$ 2.2m | |
| Joint MD & Executive Director | 4.7yrs | HK$8.85m | 0.032% HK$ 147.3k | |
| Joint MD & Executive Director | less than a year | no data | 0.012% HK$ 54.2k | |
| Independent Non-executive Director | 4.7yrs | HK$250.00k | no data | |
| Independent Non-Executive Director | 12.4yrs | HK$250.00k | no data | |
| Independent Non-Executive Director | 1.5yrs | HK$176.00k | no data |
11.5yrs
Average Tenure
69yo
Average Age
Experienced Board: FRTC.F's board of directors are seasoned and experienced ( 11.5 years average tenure).